Liquidity Watch: Tepid Demand at RBI’s 3-Day VRR Auction Signals Ample Banking System Liquidity

The Reserve Bank of India (RBI) received bids worth ₹307.50 billion against a notified amount of ₹1,250 billion at its latest 3-day Variable Rate Repo (VRR) auction. The central bank allotted the full bid amount at a cut-off and weighted average rate of 5.51%, indicating subdued short-term liquidity demand.

Show more

Stay Ahead – Explore Now! Crompton Greaves Consumer Electricals Receives ₹299.2 Million Tax Demand Notice